Click any annotated section or its icon to see analysis.
Referenced Laws
Section 4968(b)(1)(A)
Section 1
1. Clarification of definition of applicable educational institution for purposes of excise tax based on income of private colleges and universities Section 4968(b)(1)(A) of the Internal Revenue Code of 1986 is amended by inserting below the graduate level after 500 tuition-paying students. The amendment made by this section shall apply to taxable years beginning after December 31, 2024.